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? >>> stocks didn't fear sandy. stocks up 136 points. good evening, everybody. larry kudlow with my colleague michelle caruso-cabrera. five days before the election. is new york mayor mike bloomberg using hurricane sandy to score political points by endorsing barack obama? rudy giuliani will be our special guest. >> and why are politicians brow beating insurance companies in to how to run their businesses? it eats an attack on free market capitalism. >> a special edition of the "kudlow report" begins right now. >>> sandy, the road to recovery. the cost of sandy's destruction on the rise. gas lines stretch for miles. and so does the traffic jams. billions still without power. food getting scarce. nerves break. how past can we rebuild? tonight we look for answer. plus the markets rally and the reaction of a lifetime days away. this is a special edition of the "kudlow report." >>> hurricane sandy may be over, but tonight many in the northeast remain without basic needs. power, water, gasoline, and the road to recovery looks grim. here's what we know right now. total losses in sandy, now estimate
president. not one single day. not one single day. >>> and we ask a key question tonight. is hurricane sandy so much worse with the loss of life and incredible suffering covering a third of the country? is that going to put voters in an angry, frustrated and ugly place? so much so that it damages president obama's re-electionesre-electio re-electionest. >>> we begin tonight with breaking news. after a friday filled with fury, michael bloomberg gave into the criticism and canceled the ing new york city marathon scheduled for this sunday. let's go live to cnbc's brian shactman with the latest. good evening, brian. >> reporter: hi, larry. as late as midafternoon mayor bloomberg was adamant that the race would go on. preparations were moving forward from the equipment to people signing up. but basically the negative momentum swung actually early this morning with the publication of a front-page article in the "new york post" about the huge generators that were being used to power the new york city marathon in central park. there was actually a third generator sitting idle. all three of those cou
. we are, in the weeks ahead going to get some very bad economic statistics from hurricane sandy. very bad. it might even look like a recession. will the stock market be able to see through it or will they get more fearful that the earnings cliff is going to turn into a recession cliff. >> we had our macro policy hearing and what we discussed was the impact on sandet and impact on the scomplekz we've taken the gdp numbers for the first quarter down below 1%, largely impacting the definite economic impact that we'll see from sandy and the potential economic impact from the election, but as we roll into the spring of next year, say the second, third quarter, at that point the drag from economic growth from sandy becomes a positive impact. >> phil orlando, where are your favorite investment sectors? where are your best ideas right now? >> right now, we've sort of pulled in our horns and neutralized the portfolio in terms of equities and fixed income. we are watching very carefully the rhetoric. i was encouraged by speaker boehner and the president today, but right now we just need some mo
jersey. hurricane sandy would have knocked all of those out. right now those states are asking for gasoline. not solar panels or windmills. >> diana, just one last regulatory obstacle while we are on the subject. obama care. obama care. now, i know -- >> that's a major regulatory obstacle because if you move from 49 to 59 workers and don't have the right kind of health insurance you have to pay $2,000 per worker per year. the only way you can get out of it is by making the full-time workers part time and as a result they are going to be all these additional part-time workers for americans who want full-time jobs. it is absolutely outrage house is this why all these big companies, i mean, not just fast food companies. it is industrial companies and it is media companies and it is -- is this why they are already laying off workers? >> there are -- that's one reason. larger industrial companies that provide health insurance are going to find there are winners in ending their own health insurance and dumping their work others the exchange and paying the penalty. but it is -- low wa
you back to talk about that one. breaking news a major resignation in the wake of hurricane sandy. the chief of the long island power authority is stepping down. mike hurvay is announced his resignation as thousands of customers are still without power. but the top man is now out. we thank jeb for his insights. coming up what is in store for the future of this country and can the gop still sell free market commissions to the nation? radio talkshow host larry elder is going to join me next up. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. yes, it is. customer erin swenson bought so, i'm happy. today. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert
and a lot of the polling data, to the extent we care, sandy stopped mitt romney's momentum. momny was really on a high trajectory, now all of a sudden the race has changed and the polls are completely even. in your judgment, ann, how does romney get out of that box? he lost his mo, how does he get out of that box and win tomorrow night? >> i don't think he has lost his momentum. i think polls basically show the candidates tied in the swing states. except florida and north carolina, where romney -- i don't think they're even considered swing states anymore. even by the left. but of the remaining swing states, it's gone a little bit this way, a little bit that way, i wouldn't read too much into it considering the polls aren't going to be correct. the polls as ron johnson just said -- by the way, i spent the weekend in wisconsin, i did five different events, and they are very excited in the suburbs of milwaukee. i have romney winning at an absolute minimum 273 electoral votes. i don't usually do this because i'm confident romney's going to win because the country's really going in the wrong dir
and the long island counties are mandating odd/even beginning friday. one more sign of sandy's impact. new york governor andrew cuomo estimates the damage in his state, alone, at $33 billion. cuomo assailed the power companies. he called for a ground-up redesign of the power and fuel supply systems. but i think what he ought to do is open the door to some deregulation and free market competition. this especially for the power companies. let the marketplace work, governor cuomo. you'd have better results during emergencies or nonemergencies. >>> anyway, coming up here, president obama wasn't the only big winner on tuesday night. the polling industry kind of nailed it. top pollster ed gullas is up next. ♪ [ male announcer ] a european-inspired suspension, but not from germany. ♪ a powerful, fuel-efficient engine, but it's not from japan. ♪ it's a car like no other... inspired by a place like no other. introducing the all-new 2013 chevrolet malibu, our greatest malibu ever. ♪ we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-
saying it's an ill-willed wind. that's how we talked about sandy until we heard about john turner. he runs natural catastrophe solutions. he was on the shore when he bought a scratch-off lottery ticket and won $100,000. turner's giving some to his church, saving some more and investing the rest in his business. you know what? it's nice to have a positive story like this every once in a while. >>> all right. many thanks again to our budget expert, doug holtz-eakin. hamas declares war on israel. israel ground force is now on high alert and ready to act, if necessary. all this while america's top intelligence agencies appear to be in disarray. we're going to try to get a handle on this nasty middle eastern story up next on "kudlow." >>> so is israel going to wipe out hamas, and what is iran going to do? this after an air strike kills a high-ranking hamas leader today. the mideast tinderbox seems like it's about to explode once again. let's talk, here now is our great friend, barclays senior geopolitical strategist, helema croft, former cia economic analyst. israel is going whole hog now
communities. almost 2 1/2 weeks after superstorm sandy. lipa acts as a general manager that farms out the actual power operations to the national grid. more than 21,000 lipa customers are still without power. and they are making awfully good money. >>> president obama read a letter at his press conference yesterday from a romney voter in tennessee who urged him to make a fiscal cliff deal. that man is about to join us live. >>> plus, as we stand at the precipice of the cliff, is compromise possible? we'll ask congress jeff flake. all that up next on "kudlow." >>> welcome back to "the kudlow report." i'm larry kudlow. in this half hour, benghazi-gate rears its ugly head again today. two months after the deadly terrorist attack on our u.s. consulate in libya, lawmakers are finally briefed by intelligence, state and fbi officials. >>> call it president obama's bad medicine. my 2025 research shows the u.s. will have a full-blown doctor shortage because of obama care. >>> first up, with 46 days until the country's economy plummets off the tax and fiscal cliff, new signs tonight that democr
Search Results 0 to 8 of about 9

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